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The World Bank operates by providing financial and technical assistance to developing countries to support economic development and reduce poverty. It primarily offers loans, grants, and expertise for projects in sectors like education, health, infrastructure, and agriculture. The organization is composed of two main institutions: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), each targeting different income levels and project needs. Decisions are made collectively by member countries, and funding is sourced through capital raised in international financial markets and contributions from member nations.

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